Employees to get PPO soon

So as to check delay with disbursal of monthly pension, the Centre has decided to give Pension Payment Order (PPO) to any or all central government employees before retirement along using other dues.

Currently, the scheme pertaining to payment of pensions in order to central government civil pensioners through sanctioned banks, issued because of the central pension accounting office offers an undertaking to be submitted by this retiring government servant or pensioner towards the pension disbursing financial institution before commencement connected with pension.

"It may be found that the primary payment of monthly pension after retirement obtains delayed mainly on account of two reasons. A single, the delay with receipt of intimation because of the pensioner that pension papers reach the bank as well as two, delay on part of the pensioner in approaching the lending company for submission connected with undertaking, " this Ministry of Staff members said.

The pensioner might no longer be required to visit the financial institution to activate the primary payment of monthly pension, it said in a recent order.

"Therefore, after ascertaining how the bank's copy may be dispatched by this central pension sales office, the pensioner's copy from the Pension Payment Order (PPO) may be handed over to him before retirement along together with other retirement fees. This should be feasible in all of the cases where government entities servant had submitted pension papers in the time-limits, " this Personnel Ministry claimed.

An employee posted with a location away from the office of the pinnacle of Office or who for almost any other reasons feels that it might be more convenient to him to have his copy of PPO from the bank, may inform the pinnacle of Office connected with his option written while submitting his pension papers, the item said.

The Ministry connected with Personnel has asked Office of Controller Basic of Accounts to instruct all Pay as well as Accounts Offices as well as all pension disbursing banks to check out its directives.
You'll find about 30 lakh Key government pensioners.

The Ministry has additionally issued a proforma of undertaking to be filled by way of pensioner and submitted to pension releasing bank agreeing "to repayment or make good any cost you which he is just not entitled to".
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2 comments:

  1. Why Private SErvice "Public Servants' Servants" viz. the AAM AADMI has to submit documents of LIFE every NOVEMBER and go from Pillar to Post for his PROV FUND SLIPS and WITHDRAWALS?
    This is the largesse of the GR8 SERVANTS of the AAM AADMI the GOVT.OF HINDIA

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  2. The PERFECT GETAWAY with a PREAUTHORISED FOR PAYMENT PENSION ORDER that no Nationalised Bank can REFUSE. This one more BENEFIT for CORRUPT so-called PUBLIC SERVANTS in ITAX/CEXCISE/SALES TAX/PROF TAX and other REVENUE DEPTS. What an ARMY of DUDDY-FUDDIES the INDIAN TAX-PAYERS are FUNDING!

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